Conduct research to ascertain the best products and suppliers in terms of best value, delivery schedules and quality.
Build and maintain valuable relationships with recent and existing suppliers.
Negotiate and agree contracts, monitoring the quality of service provided.
Process payments and invoices.
Forecast price trends and their impact on future activities.
Develop a purchasing strategy.
Maintain records of goods ordered and received.
Locate vendors of materials, equipment or supplies, and interview them in order to determine product availability and terms of sales.
Prepare and process requisitions and purchase orders for supplies and equipment.
Control purchasing department budgets.
Analyze Stock/Store Requirement & planning for minimum quantity level with store.
Monthly Costing Management.
Negotiation capabilities, finalization of contract with vendors and other service contractors.
Drafting of contract/documents with understanding legal aspects of the same.
Understanding of monthly/weakly/daily consumption of store items.
Resolve vendor or contractor grievances, and claims against suppliers.
Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
Administer on-line purchasing systems.